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Tesla laying off more than 10% of workforce. Here's why
The Bay Area automaker said that within the last couple of months, it’s seen fewer than expected deliveries, a falling stock price, and mounting complaints about its new cybertruck.
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Tesla laying off more than 10% of workforce
Tesla announced Monday it’s cutting more than 10,000 jobs. The Bay Area automaker said that within the last couple of months, it’s seen fewer than expected deliveries, a falling stock price, and mounting complaints about its new cybertruck. Scott Budman reports
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Apple lays off over 600 California employees after shuttering car project
Apple is laying off 614 workers in California, according to a new state filing, the company’s first significant round of job cuts since the Covid pandemic.
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A closer look: Bay Area tech layoffs
It’s been a brutal January for many tech workers in the Bay Area. Raj Mathai speaks with Scott Budman on this.